Independent Can Closes on Steeltin Acquisition
It is a great pleasure to announce that October 3, 2016 we closed on the acquisition of the Steeltin manufacturing plant of Ball Corporation. This facility was dedicated to the production of specialty and decorative promotional tins which made it a strategic sale for Ball. Ball Corporation will now focus on beverage, aerosol, general line and food cans.
The Steeltin plant is a perfect match for Independent Can Company with its cultural similarities which will make the integration of capabilities and personnel much easier. As I have said in the past, anyone can buy equipment but the real assets are skilled and motivated employees that have been cultivated and appreciated. This acquisition will bring approximately 50 new employees to our team.
For the time being, we will work with the staff to learn more about the business before there will be any changes to the organization and structure. There will definitely be overlap in our product lines. We will evaluate and merge the best processes and tooling. The merging of the best processes and skill sets may mean that some products will eventually transition between the Baltimore (the Steeltin plant) and Belcamp locations.
We welcome and look forward to answering any questions that you may have about the acquisition. Feel free to contact your sales representative.
Overview of Independent Can:
- 5 manufacturing plants –
- Belcamp, Maryland – Headquarters and largest plant
- Fort Madison, Iowa
- Conneaut, Ohio
- Vandalia, Ohio
- Steeltin, Baltimore, Maryland – as of October 3, 2016
- Lithography/Printing – 2 lithography plants printing and 100% in-house prepress
- Belcamp, Maryland
- Vandalia, Ohio
- Steeltin, Maryland – Digital printing as of October 3, 2016
We want to thank all of our current customers and welcome the customers of Ball Steeltin that will be transitioning to Independent Can.
Communication is critical during a major transition of any business, so please do not hesitate to contact us with any questions and opportunities.
Chairman of the Board and CEO of Independent Can